dating Group has agreed to acquire Datinggroup.in, a holding company for several international dating platforms, in a deal worth $14.9 million.
Datinggroup.in portfolio consists of 13 cultural services, including AsianDating reviews, Amolatina reviews, anastasiadate reviews, zoosk review, dating reviews, charmdate reviews, match reviews
This is the company’s third major acquisition of the year, following the $18 million takeover of slow dating app Once in January 2021 and 51million take over of Cupid Media
After recent successful acquisitions such as dating site, Once and cupid Media, Dating Group will expand its access to user behaviour insights across cultures and geographies. This will enable the team to learn more about social behaviours and the value of meaningful relationships, adding to its social discovery purpose fuelling - and redefining - the future of dating app user experiences.
We find tremendous benefit in economies of scale and cross-marketing. We believe we will see substantial revenue growth on our current platforms and those we are acquiring simply by combining the strengths of both businesses,” said Chief Investment Officer of Dating Group, Bill Alena. “With this acquisition, Dating Group will expand its geographic footprint and enter into new cultural markets to become a major player in the international dating scene.
It expects this latest acquisition of datinggroup.in to increase its revenue to upwards.
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Online dating industry grows year over year.
As of 2017, it is worth more than $3 billion.
Many see developing a dating app as a profitable undertaking.
Here are a few more interesting facts about the investment value of dating apps:Annual revenue from dating apps now tops $3 billionAn average consumer spends $243 for in-app purchases and subscriptionsOver 49,250,000 people in the US only have tried online dating.
In the UK 7 millions of people have used a dating app80% of dating app users are millennialsBut how to make a Dating App?
— many of you want to know.
So you are looking for the best dating app to find a husband?
That's right, and I said bring it.
That's right there if you all have to do is know how the dating app works and then you will be well on your way to finding the best dating app to find a husband!There are also somewhat things that are needed to know before you go ahead and try any of those apps to find a husband.
Some specific rules and regulations are in place, and if you don't follow them, you could get into a lot of trouble.
For example, some dating apps will let you get access to an extensive database of people but will ban you from contacting anyone if you want to get a wife or a husband.
Some of these apps might be good, but you need to make sure first.The same goes for dating websites.
